Debt Issues Could Make Year-End Rally Short-Lived

Markets are responding to Powell’s speech with bond yields dropping and the lower jobs report has the market anticipating a soft landing, notes Ed Siddell. He discusses trends driving the market. He talks about how patience is important right now and we could be near a year-end rally, but continued debt issues could make the rally short-lived. He suggests staying liquid with short term instruments and looking at hard assets like gold and commodities, as well as value companies. Tune in to find out more about the stock market today.

The Watch List

03 Nov 2023

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